The Midtown Exchange is a multi-use building in the Midtown Phillips neighborhood. The building includes offices, the Midtown Global Market, and apartments.

A Day of Fun and Gratitude: In the Heart of the Beast Puppet and Mask Theatre led the festivities at the Community Grand Opening Celebration on June 3, 2006.

Mission Complete

Public celebrated unity, community and opportunity at Midtown Exchange's grand opening.

The two-year transformation of the former Sears property on Lake Street into the Midtown Exchange was completed in 2006. As the result of more than 12 years of efforts by neighborhood groups, local government and private-sector leaders, the vacant mega-site in the heart of south Minneapolis was reborn as a vibrant, mixed-use urban hub.

The Midtown Exchange features contain 88 for-sale historic lofts, 219 rental units and 52 for-sale condos; the headquarters of Allina Hospitals and Clinics; a Hennepin County service center; the Sheraton® Midtown Minneapolis Hotel; and the Midtown Global Market, the city's largest public market. The development also includes a new transit facility.

On June 3, 2006, Ryan Companies U.S., Inc., the lead developer, and their development partners held an opening ceremony and a fun-filled day of great music, shopping and hands-on activities and featured performances by In the Heart of the Beast Puppet and Mask Theatre as well as local musicians and other performers.